IWR vs. DFVE ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to DoubleLine Fortune 500 Equal Weight ETF (DFVE)

IWR

iShares Russell Mid-Cap ETF

IWR Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the mid-capitalization sector of the U.S. equity market. The underlying index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000® Index.

Grade (RS Rating)

Last Trade

$94.53

Average Daily Volume

1,461,787

Number of Holdings ^*

803

* may have additional holdings in another (foreign) market

DFVE

DoubleLine Fortune 500 Equal Weight ETF

DFVE Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the underlying index, or derivatives transactions that provide investment exposure to the underlying index or securities that comprise the underlying index. The fund will concentrate its investments in securities of issuers in any one industry or group of industries to the extent that the underlying index reflects a concentration in that industry or group of industries.

Grade (RS Rating)

Last Trade

$30.21

Average Daily Volume

1,621

Number of Holdings ^*

455

* may have additional holdings in another (foreign) market

Performance

Period	IWR	DFVE
30 Days	6.87%	4.75%
60 Days	7.84%	5.52%
90 Days	9.96%	7.18%
12 Months	34.02%

257 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in DFVE	Overlap
	AA	B	0.09%	0.28%	0.09%
	AAL	B	0.08%	0.28%	0.08%
	AAP	C	0.02%	0.18%	0.02%
	ACI	C	0.07%	0.2%	0.07%
	ACM	A	0.12%	0.24%	0.12%
	ADM	D	0.21%	0.18%	0.18%
	AEE	A	0.2%	0.23%	0.2%
	AES	F	0.08%	0.15%	0.08%
	AFG	A	0.08%	0.22%	0.08%
	AFL	B	0.51%	0.21%	0.21%
	AGCO	D	0.05%	0.22%	0.05%
	AIZ	A	0.09%	0.23%	0.09%
	AJG	B	0.52%	0.21%	0.21%
	ALB	C	0.1%	0.24%	0.1%
	ALK	C	0.06%	0.3%	0.06%
	ALL	A	0.43%	0.22%	0.22%
	ALLY	C	0.08%	0.18%	0.08%
	AMP	A	0.46%	0.26%	0.26%
	AN	C	0.03%	0.2%	0.03%
	APA	D	0.07%	0.16%	0.07%
	ARMK	B	0.08%	0.23%	0.08%
	ARW	D	0.05%	0.18%	0.05%
	AVT	C	0.04%	0.2%	0.04%
	AVY	D	0.13%	0.19%	0.13%
	BAH	F	0.16%	0.19%	0.16%
	BALL	D	0.15%	0.2%	0.15%
	BAX	D	0.13%	0.18%	0.13%
	BBWI	D	0.06%	0.2%	0.06%
	BBY	D	0.16%	0.18%	0.16%
	BEN	C	0.05%	0.22%	0.05%
	BERY	B	0.06%	0.21%	0.06%
	BIIB	F	0.19%	0.16%	0.16%
	BJ	A	0.1%	0.25%	0.1%
	BK	A	0.48%	0.24%	0.24%
	BKR	B	0.35%	0.25%	0.25%
	BLDR	D	0.17%	0.21%	0.17%
	BURL	A	0.14%	0.22%	0.14%
	BWA	D	0.06%	0.2%	0.06%
	CAG	D	0.1%	0.18%	0.1%
	CAH	B	0.24%	0.22%	0.22%
	CAR	C	0.01%	0.25%	0.01%
	CASY	A	0.12%	0.24%	0.12%
	CBRE	B	0.33%	0.24%	0.24%
	CCK	C	0.09%	0.21%	0.09%
	CDW	F	0.2%	0.16%	0.16%
	CE	F	0.07%	0.12%	0.07%
	CFG	B	0.17%	0.23%	0.17%
	CHRW	C	0.11%	0.21%	0.11%
	CHTR	C	0.3%	0.23%	0.23%
	CINF	A	0.19%	0.23%	0.19%
	CLF	F	0.04%	0.19%	0.04%
	CLX	B	0.17%	0.22%	0.17%
	CMI	A	0.41%	0.24%	0.24%
	CMS	C	0.17%	0.21%	0.17%
	CNC	D	0.25%	0.16%	0.16%
	CNP	B	0.16%	0.24%	0.16%
	CNXC	F	0.01%	0.12%	0.01%
	COR	B	0.33%	0.21%	0.21%
	CPB	D	0.07%	0.19%	0.07%
	CPNG	D	0.23%	0.22%	0.22%
	CTSH	B	0.32%	0.21%	0.21%
	CTVA	C	0.32%	0.22%	0.22%
	CVNA	B	0.21%	0.35%	0.21%
	CZR	F	0.07%	0.2%	0.07%
	DAL	C	0.34%	0.31%	0.31%
	DD	D	0.28%	0.2%	0.2%
	DFS	B	0.36%	0.27%	0.27%
	DG	F	0.14%	0.18%	0.14%
	DGX	A	0.15%	0.21%	0.15%
	DHI	D	0.39%	0.18%	0.18%
	DINO	D	0.05%	0.18%	0.05%
	DKS	C	0.09%	0.18%	0.09%
	DLTR	F	0.11%	0.16%	0.11%
	DOV	A	0.23%	0.23%	0.23%
	DOW	F	0.26%	0.17%	0.17%
	DRI	B	0.16%	0.22%	0.16%
	DTE	C	0.2%	0.2%	0.2%
	DVA	B	0.07%	0.22%	0.07%
	DVN	F	0.2%	0.18%	0.18%
	DXC	B	0.03%	0.22%	0.03%
	EA	A	0.36%	0.23%	0.23%
	EBAY	D	0.26%	0.22%	0.22%
	ED	D	0.28%	0.2%	0.2%
	EIX	B	0.26%	0.2%	0.2%
	EME	C	0.19%	0.27%	0.19%
	EMN	D	0.1%	0.21%	0.1%
	EQH	B	0.12%	0.23%	0.12%
	ES	D	0.18%	0.19%	0.18%
	ETR	B	0.26%	0.26%	0.26%
	EXC	C	0.32%	0.21%	0.21%
	EXPD	D	0.14%	0.2%	0.14%
	EXPE	B	0.19%	0.27%	0.19%
	FANG	D	0.27%	0.19%	0.19%
	FAST	B	0.39%	0.25%	0.25%
	FCNCA	A	0.22%	0.24%	0.22%
	FE	C	0.2%	0.2%	0.2%
	FIS	C	0.41%	0.22%	0.22%
	FITB	A	0.26%	0.23%	0.23%
	FNF	B	0.13%	0.21%	0.13%
	FOXA	B	0.09%	0.23%	0.09%
	GAP	C	0.04%	0.22%	0.04%
	GEHC	F	0.31%	0.2%	0.2%
	GIS	D	0.29%	0.19%	0.19%
	GLW	B	0.29%	0.23%	0.23%
	GPC	D	0.14%	0.18%	0.14%
	GPK	C	0.07%	0.2%	0.07%
	GPN	B	0.24%	0.21%	0.21%
	GWW	B	0.42%	0.25%	0.25%
	GXO	B	0.06%	0.25%	0.06%
	HAL	C	0.22%	0.21%	0.21%
	HBAN	A	0.21%	0.25%	0.21%
	HES	B	0.33%	0.22%	0.22%
	HIG	B	0.28%	0.21%	0.21%
	HII	D	0.06%	0.14%	0.06%
	HLT	A	0.5%	0.24%	0.24%
	HPE	B	0.23%	0.24%	0.23%
	HPQ	B	0.3%	0.22%	0.22%
	HRL	D	0.07%	0.19%	0.07%
	HSIC	B	0.07%	0.22%	0.07%
	HSY	F	0.21%	0.19%	0.19%
	HUM	C	0.27%	0.17%	0.17%
	IBKR	A	0.16%	0.31%	0.16%
	IFF	D	0.18%	0.18%	0.18%
	INGR	B	0.08%	0.22%	0.08%
	IP	B	0.16%	0.25%	0.16%
	IPG	D	0.08%	0.19%	0.08%
	IQV	D	0.29%	0.16%	0.16%
	J	F	0.14%	0.19%	0.14%
	JBHT	C	0.12%	0.22%	0.12%
	JBL	B	0.12%	0.25%	0.12%
	JEF	A	0.11%	0.27%	0.11%
	JLL	D	0.1%	0.21%	0.1%
	JWN	C	0.02%	0.22%	0.02%
	K	A	0.17%	0.21%	0.17%
	KD	B	0.05%	0.29%	0.05%
	KEY	B	0.15%	0.24%	0.15%
	KMI	A	0.44%	0.27%	0.27%
	KMX	B	0.1%	0.19%	0.1%
	KNX	B	0.07%	0.23%	0.07%
	KR	B	0.32%	0.23%	0.23%
	KSS	F	0.02%	0.18%	0.02%
	L	A	0.12%	0.21%	0.12%
	LAD	A	0.08%	0.26%	0.08%
	LDOS	C	0.18%	0.21%	0.18%
	LEA	D	0.04%	0.17%	0.04%
	LEN	D	0.01%	0.19%	0.01%
	LEN	D	0.33%	0.19%	0.19%
	LH	C	0.16%	0.21%	0.16%
	LHX	C	0.38%	0.22%	0.22%
	LKQ	D	0.08%	0.19%	0.08%
	LNC	B	0.04%	0.22%	0.04%
	LNG	B	0.4%	0.25%	0.25%
	LPLA	A	0.19%	0.3%	0.19%
	LUV	C	0.16%	0.23%	0.16%
	LVS	C	0.14%	0.26%	0.14%
	LYV	A	0.17%	0.29%	0.17%
	M	D	0.04%	0.21%	0.04%
	MAN	D	0.02%	0.17%	0.02%
	MAS	D	0.14%	0.2%	0.14%
	MCHP	D	0.27%	0.17%	0.17%
	MGM	D	0.07%	0.21%	0.07%
	MHK	D	0.06%	0.18%	0.06%
	MKL	A	0.18%	0.22%	0.18%
	MOH	F	0.14%	0.17%	0.14%
	MOS	F	0.07%	0.18%	0.07%
	MTB	A	0.29%	0.26%	0.26%
	MTZ	B	0.07%	0.26%	0.07%
	MUSA	A	0.08%	0.21%	0.08%
	NOV	C	0.05%	0.19%	0.05%
	NRG	B	0.16%	0.24%	0.16%
	NTRS	A	0.18%	0.25%	0.18%
	NUE	C	0.29%	0.21%	0.21%
	NVR	D	0.21%	0.19%	0.19%
	NWL	B	0.03%	0.26%	0.03%
	NWSA	B	0.09%	0.22%	0.09%
	OC	A	0.14%	0.25%	0.14%
	OKE	A	0.53%	0.26%	0.26%
	OMC	C	0.15%	0.21%	0.15%
	ON	D	0.23%	0.19%	0.19%
	ORI	A	0.08%	0.22%	0.08%
	OSK	B	0.06%	0.21%	0.06%
	OTIS	C	0.33%	0.22%	0.22%
	OVV	B	0.1%	0.22%	0.1%
	PAG	B	0.02%	0.2%	0.02%
	PARA	C	0.05%	0.21%	0.05%
	PCG	A	0.37%	0.22%	0.22%
	PEG	A	0.37%	0.23%	0.23%
	PFG	D	0.16%	0.22%	0.16%
	PFGC	B	0.11%	0.24%	0.11%
	PHM	D	0.22%	0.2%	0.2%
	PII	D	0.03%	0.16%	0.03%
	PKG	A	0.17%	0.24%	0.17%
	PPG	F	0.24%	0.19%	0.19%
	PPL	B	0.21%	0.22%	0.21%
	PRU	A	0.38%	0.22%	0.22%
	PVH	C	0.05%	0.22%	0.05%
	PWR	A	0.39%	0.26%	0.26%
	R	B	0.06%	0.24%	0.06%
	RF	A	0.2%	0.24%	0.2%
	RGA	A	0.13%	0.22%	0.13%
	RJF	A	0.25%	0.28%	0.25%
	ROK	B	0.27%	0.22%	0.22%
	ROST	C	0.38%	0.2%	0.2%
	RPM	A	0.14%	0.24%	0.14%
	RS	B	0.15%	0.23%	0.15%
	SAIC	F	0.05%	0.19%	0.05%
	SEB	F	0.01%	0.17%	0.01%
	SIRI	C	0.05%	0.19%	0.05%
	SJM	D	0.09%	0.2%	0.09%
	SKX	D	0.07%	0.18%	0.07%
	SMCI	F	0.08%	0.15%	0.08%
	SNX	C	0.07%	0.2%	0.07%
	SQ	B	0.39%	0.28%	0.28%
	STLD	B	0.17%	0.24%	0.17%
	STT	A	0.24%	0.23%	0.23%
	SWK	D	0.11%	0.18%	0.11%
	SYF	B	0.21%	0.27%	0.21%
	SYY	B	0.31%	0.2%	0.2%
	TAP	C	0.09%	0.23%	0.09%
	THC	D	0.12%	0.18%	0.12%
	THO	B	0.05%	0.21%	0.05%
	TOL	B	0.13%	0.22%	0.13%
	TRGP	B	0.35%	0.29%	0.29%
	TSCO	D	0.24%	0.21%	0.21%
	TSN	B	0.15%	0.2%	0.15%
	TXT	D	0.13%	0.19%	0.13%
	UAL	A	0.25%	0.45%	0.25%
	UGI	A	0.04%	0.24%	0.04%
	UHS	D	0.1%	0.17%	0.1%
	ULTA	F	0.14%	0.19%	0.14%
	UNM	A	0.1%	0.28%	0.1%
	URI	B	0.46%	0.23%	0.23%
	USFD	A	0.12%	0.24%	0.12%
	VFC	C	0.06%	0.22%	0.06%
	VMC	B	0.3%	0.24%	0.24%
	VOYA	B	0.07%	0.24%	0.07%
	VST	B	0.4%	0.39%	0.39%
	VTRS	A	0.13%	0.23%	0.13%
	W	F	0.03%	0.21%	0.03%
	WAB	B	0.28%	0.24%	0.24%
	WBA	F	0.05%	0.19%	0.05%
	WBD	C	0.18%	0.27%	0.18%
	WCC	B	0.07%	0.26%	0.07%
	WDC	D	0.17%	0.22%	0.17%
	WEC	A	0.26%	0.22%	0.22%
	WHR	B	0.05%	0.22%	0.05%
	WLK	D	0.03%	0.18%	0.03%
	WMB	A	0.57%	0.27%	0.27%
	WRB	A	0.15%	0.21%	0.15%
	WSM	B	0.14%	0.26%	0.14%
	WSO	A	0.15%	0.24%	0.15%
	WY	D	0.19%	0.21%	0.19%
	X	C	0.07%	0.21%	0.07%
	XEL	A	0.32%	0.24%	0.24%
	XPO	B	0.14%	0.26%	0.14%
	XYL	D	0.24%	0.19%	0.19%
	ZBH	C	0.19%	0.2%	0.19%

IWR Overweight 546 Positions Relative to DFVE

	Symbol	Grade	Weight
	PLTR	B	1.09%
	APP	B	0.63%
	COIN	C	0.5%
	DLR	B	0.48%
	SPG	B	0.48%
	RCL	A	0.45%
	MSTR	C	0.44%
	FICO	B	0.44%
	TTD	B	0.43%
	O	D	0.41%
	MSCI	C	0.38%
	KVUE	A	0.38%
	PAYX	C	0.38%
	AME	A	0.37%
	CCI	D	0.37%
	HWM	A	0.37%
	VRT	B	0.36%
	ODFL	B	0.35%
	AXON	A	0.35%
	IR	B	0.34%
	VRSK	A	0.33%
	FERG	B	0.33%
	IT	C	0.32%
	A	D	0.31%
	YUM	B	0.31%
	DDOG	A	0.31%
	ACGL	D	0.3%
	IDXX	F	0.29%
	MLM	B	0.29%
	IRM	D	0.28%
	RMD	C	0.28%
	EXR	D	0.28%
	GRMN	B	0.27%
	NDAQ	A	0.27%
	AVB	B	0.27%
	VICI	C	0.27%
	HUBS	A	0.27%
	VEEV	C	0.26%
	WTW	B	0.26%
	DXCM	D	0.25%
	EFX	F	0.25%
	ARES	A	0.25%
	TTWO	A	0.25%
	CSGP	D	0.24%
	ANSS	B	0.24%
	ALNY	D	0.24%
	EQR	B	0.23%
	AWK	D	0.22%
	BRO	B	0.22%
	FTV	C	0.22%
	CHD	B	0.22%
	SW	A	0.22%
	DECK	A	0.22%
	BR	A	0.22%
	NET	B	0.22%
	MPWR	F	0.22%
	MTD	D	0.21%
	EQT	B	0.21%
	TYL	B	0.21%
	VLTO	D	0.21%
	TPL	A	0.21%
	VTR	C	0.21%
	GDDY	A	0.21%
	RBLX	C	0.21%
	TROW	B	0.21%
	KEYS	A	0.21%
	SBAC	D	0.2%
	NTAP	C	0.2%
	CCL	B	0.2%
	CPAY	A	0.2%
	PTC	A	0.19%
	WST	C	0.19%
	HUBB	B	0.19%
	ZM	B	0.18%
	HOOD	B	0.18%
	LYB	F	0.18%
	ILMN	D	0.18%
	EXE	B	0.18%
	STE	F	0.18%
	TDY	B	0.18%
	ATO	A	0.18%
	FSLR	F	0.17%
	CSL	C	0.17%
	INVH	D	0.17%
	CBOE	B	0.17%
	WAT	B	0.17%
	CTRA	B	0.16%
	ESS	B	0.16%
	COO	D	0.16%
	LII	A	0.16%
	ZBRA	B	0.16%
	MDB	C	0.16%
	HOLX	D	0.15%
	DKNG	B	0.15%
	TOST	B	0.15%
	PODD	C	0.15%
	ARE	D	0.15%
	MAA	B	0.15%
	FDS	B	0.15%
	SNA	A	0.15%
	ZS	C	0.15%
	TRU	D	0.15%
	MKC	D	0.15%
	NI	A	0.14%
	KIM	A	0.14%
	TWLO	A	0.14%
	NTRA	B	0.14%
	MANH	D	0.14%
	ALGN	D	0.14%
	FWONK	B	0.14%
	NTNX	A	0.14%
	PINS	D	0.14%
	HEI	B	0.14%
	TRMB	B	0.14%
	IEX	B	0.14%
	PNR	A	0.14%
	VRSN	F	0.13%
	DT	C	0.13%
	SUI	D	0.13%
	LNT	A	0.13%
	FIX	A	0.13%
	GWRE	A	0.13%
	SSNC	B	0.13%
	UTHR	C	0.13%
	CF	B	0.13%
	EG	C	0.13%
	MRO	B	0.13%
	TER	D	0.13%
	DOCU	A	0.13%
	GEN	B	0.13%
	ROL	B	0.12%
	SOFI	A	0.12%
	AVTR	F	0.12%
	EVRG	A	0.12%
	EWBC	A	0.12%
	APTV	D	0.12%
	NDSN	B	0.12%
	UDR	B	0.12%
	DOC	D	0.12%
	AMCR	D	0.12%
	ENTG	D	0.12%
	PSTG	D	0.12%
	DPZ	C	0.12%
	TW	A	0.12%
	GGG	B	0.12%
	GLPI	C	0.11%
	AFRM	B	0.11%
	EPAM	C	0.11%
	ELS	C	0.11%
	TPR	B	0.11%
	AKAM	D	0.11%
	TXRH	C	0.11%
	RNR	C	0.11%
	SWKS	F	0.11%
	POOL	C	0.11%
	RVTY	F	0.11%
	REG	B	0.11%
	CW	B	0.11%
	SAIA	B	0.11%
	FFIV	B	0.11%
	BWXT	B	0.1%
	Z	A	0.1%
	NBIX	C	0.1%
	OKTA	C	0.1%
	JNPR	F	0.1%
	HEI	B	0.1%
	NVT	B	0.1%
	BMRN	D	0.1%
	SCI	B	0.1%
	FTI	A	0.1%
	HST	C	0.1%
	INCY	C	0.1%
	WPC	D	0.1%
	ALLE	D	0.1%
	BXP	D	0.1%
	CPT	B	0.1%
	ITT	A	0.1%
	JKHY	D	0.1%
	COHR	B	0.1%
	CLH	B	0.1%
	BG	F	0.1%
	AMH	D	0.1%
	WBS	A	0.09%
	PRI	A	0.09%
	CACI	D	0.09%
	PNW	B	0.09%
	TECH	D	0.09%
	GNRC	B	0.09%
	CTLT	B	0.09%
	CAVA	B	0.09%
	EVR	B	0.09%
	FND	C	0.09%
	CUBE	D	0.09%
	LW	C	0.09%
	LAMR	D	0.09%
	BLD	D	0.09%
	ATR	B	0.09%
	CG	A	0.09%
	TTEK	F	0.09%
	FHN	A	0.09%
	PAYC	B	0.09%
	DAY	B	0.09%
	RRX	B	0.09%
	DUOL	A	0.09%
	NCLH	B	0.09%
	LECO	B	0.09%
	OWL	A	0.09%
	SF	B	0.09%
	TFX	F	0.08%
	FBIN	D	0.08%
	AAON	B	0.08%
	TPX	B	0.08%
	GMED	A	0.08%
	DCI	B	0.08%
	WMS	D	0.08%
	RGLD	C	0.08%
	WYNN	D	0.08%
	WING	D	0.08%
	SOLV	C	0.08%
	FRT	B	0.08%
	BRBR	A	0.08%
	TKO	B	0.08%
	SRPT	D	0.08%
	PNFP	B	0.08%
	CRL	C	0.08%
	CNH	C	0.08%
	DOX	D	0.08%
	CIEN	B	0.08%
	MKTX	D	0.08%
	PR	B	0.08%
	GL	B	0.08%
	HLI	B	0.08%
	WTRG	B	0.08%
	WAL	B	0.08%
	CHDN	B	0.08%
	LBRDK	C	0.08%
	EHC	B	0.08%
	DTM	B	0.08%
	NLY	C	0.08%
	OHI	C	0.08%
	EXEL	B	0.08%
	GME	C	0.08%
	EXP	A	0.08%
	AYI	B	0.08%
	RPRX	D	0.08%
	ALSN	B	0.08%
	WWD	B	0.08%
	KNSL	B	0.08%
	CHRD	D	0.07%
	MTCH	D	0.07%
	MEDP	D	0.07%
	RRC	B	0.07%
	SEIC	B	0.07%
	SNV	B	0.07%
	APG	B	0.07%
	CNM	D	0.07%
	CFR	B	0.07%
	PLNT	A	0.07%
	CHE	D	0.07%
	RIVN	F	0.07%
	EGP	F	0.07%
	HRB	D	0.07%
	RL	B	0.07%
	LNW	D	0.07%
	NYT	C	0.07%
	TTC	D	0.07%
	CR	A	0.07%
	GLOB	B	0.07%
	WTFC	A	0.07%
	CBSH	A	0.07%
	ZION	B	0.07%
	OGE	B	0.07%
	ITCI	C	0.07%
	FYBR	D	0.07%
	HAS	D	0.07%
	BILL	A	0.07%
	AOS	F	0.07%
	CMA	A	0.07%
	BRX	A	0.07%
	PCTY	B	0.07%
	ROKU	D	0.07%
	PEN	B	0.07%
	AR	B	0.07%
	AXTA	A	0.07%
	RBC	A	0.07%
	EXAS	D	0.07%
	MORN	B	0.07%
	REXR	F	0.07%
	AWI	A	0.06%
	MTN	C	0.06%
	H	B	0.06%
	CFLT	B	0.06%
	SN	D	0.06%
	LSCC	D	0.06%
	AXS	A	0.06%
	MTDR	B	0.06%
	VMI	B	0.06%
	FMC	D	0.06%
	DAR	C	0.06%
	CGNX	C	0.06%
	FCN	D	0.06%
	BPOP	B	0.06%
	MTSI	B	0.06%
	MASI	A	0.06%
	ELAN	D	0.06%
	FR	C	0.06%
	ATI	D	0.06%
	FRPT	B	0.06%
	RGEN	D	0.06%
	GNTX	C	0.06%
	ESTC	C	0.06%
	ESAB	B	0.06%
	MKSI	C	0.06%
	AGNC	D	0.06%
	GTLB	B	0.06%
	VNO	B	0.06%
	S	B	0.06%
	LPX	B	0.06%
	MIDD	C	0.06%
	COKE	C	0.06%
	CART	C	0.06%
	RLI	B	0.06%
	RYAN	B	0.06%
	WEX	D	0.06%
	PCOR	B	0.06%
	PB	A	0.06%
	TREX	C	0.06%
	WH	B	0.06%
	KEX	C	0.06%
	SMAR	A	0.06%
	RHI	B	0.06%
	JAZZ	B	0.06%
	ADC	B	0.06%
	SSD	D	0.06%
	OLED	D	0.06%
	NNN	D	0.06%
	ONTO	D	0.06%
	FLS	B	0.06%
	KBR	F	0.06%
	G	B	0.06%
	ENPH	F	0.06%
	LITE	B	0.05%
	RITM	C	0.05%
	VVV	F	0.05%
	PATH	C	0.05%
	NFG	A	0.05%
	OLLI	D	0.05%
	BRKR	D	0.05%
	FOX	A	0.05%
	JHG	A	0.05%
	ETSY	D	0.05%
	CROX	D	0.05%
	THG	A	0.05%
	VNT	B	0.05%
	AMG	B	0.05%
	LFUS	F	0.05%
	FNB	A	0.05%
	WFRD	D	0.05%
	IDA	A	0.05%
	LAZ	B	0.05%
	FOUR	B	0.05%
	BFAM	D	0.05%
	DOCS	C	0.05%
	STWD	C	0.05%
	UHAL	D	0.05%
	BIO	D	0.05%
	QRVO	F	0.05%
	COLD	D	0.05%
	SITE	D	0.05%
	OMF	A	0.05%
	ESI	A	0.05%
	MAT	D	0.05%
	MSA	D	0.05%
	WSC	D	0.05%
	MTG	C	0.05%
	IVZ	B	0.05%
	COLB	A	0.05%
	LSTR	D	0.05%
	BSY	D	0.05%
	ELF	C	0.05%
	DBX	B	0.05%
	FAF	A	0.05%
	STAG	F	0.05%
	LYFT	C	0.05%
	AZEK	A	0.05%
	HR	C	0.05%
	AZPN	A	0.05%
	KMPR	B	0.04%
	RYN	D	0.04%
	EEFT	B	0.04%
	PSN	D	0.04%
	SLGN	A	0.04%
	CELH	F	0.04%
	KRC	C	0.04%
	SEE	C	0.04%
	CUZ	B	0.04%
	LOPE	B	0.04%
	RH	B	0.04%
	AGO	B	0.04%
	FIVE	F	0.04%
	ST	F	0.04%
	HCP	B	0.04%
	ROIV	C	0.04%
	WTM	A	0.04%
	HXL	D	0.04%
	OLN	D	0.04%
	TKR	D	0.04%
	SON	D	0.04%
	BYD	C	0.04%
	NXST	C	0.04%
	INSP	D	0.04%
	AL	B	0.04%
	BROS	B	0.04%
	CIVI	D	0.04%
	OZK	B	0.04%
	AM	A	0.04%
	VNOM	A	0.04%
	U	C	0.04%
	VKTX	F	0.04%
	APPF	B	0.04%
	POST	C	0.04%
	SLM	A	0.04%
	CCCS	B	0.04%
	IONS	F	0.04%
	TPG	A	0.04%
	CRUS	D	0.04%
	BC	C	0.04%
	WEN	D	0.03%
	AMTM	D	0.03%
	BHF	B	0.03%
	SMG	D	0.03%
	PENN	C	0.03%
	VAC	B	0.03%
	ZI	D	0.03%
	HUN	F	0.03%
	YETI	C	0.03%
	NCNO	B	0.03%
	IRDM	D	0.03%
	EPR	D	0.03%
	ZG	A	0.03%
	HIW	D	0.03%
	ACHC	F	0.03%
	FHB	A	0.03%
	IAC	D	0.03%
	NVST	B	0.03%
	SPR	D	0.03%
	TNL	A	0.03%
	NWS	B	0.03%
	PRGO	B	0.03%
	DNB	B	0.03%
	XRAY	F	0.03%
	MDU	D	0.03%
	NEU	C	0.03%
	MSM	C	0.03%
	ASH	D	0.03%
	PEGA	A	0.03%
	OGN	D	0.03%
	LINE	F	0.03%
	HOG	D	0.03%
	FLO	D	0.03%
	RARE	D	0.03%
	CHH	A	0.03%
	GFS	C	0.03%
	MSGS	A	0.03%
	GTES	A	0.03%
	DLB	B	0.03%
	VSTS	C	0.02%
	CRI	D	0.02%
	UAA	C	0.02%
	ALAB	B	0.02%
	RKT	F	0.02%
	QDEL	F	0.02%
	LBTYK	A	0.02%
	INFA	D	0.02%
	LBTYA	B	0.02%
	IPGP	D	0.02%
	LCID	F	0.02%
	SHC	F	0.02%
	PPC	C	0.02%
	ADT	C	0.02%
	AZTA	D	0.02%
	RCM	F	0.02%
	HAYW	B	0.02%
	CWEN	C	0.02%
	PINC	B	0.02%
	ALGM	D	0.02%
	CPRI	F	0.02%
	SPB	C	0.02%
	MP	B	0.02%
	HHH	B	0.02%
	ENOV	C	0.02%
	MPW	F	0.02%
	AGR	B	0.02%
	BOKF	B	0.02%
	WU	D	0.02%
	CXT	B	0.02%
	APLS	D	0.02%
	COTY	F	0.02%
	CACC	D	0.02%
	DV	C	0.02%
	FIVN	C	0.02%
	TDC	D	0.02%
	SAM	C	0.02%
	COLM	B	0.02%
	VIRT	B	0.02%
	CC	C	0.02%
	AMKR	D	0.02%
	ECG	C	0.02%
	AMED	F	0.02%
	RNG	B	0.02%
	SNRE	D	0.02%
	NSA	D	0.02%
	LLYVK	A	0.02%
	PK	B	0.02%
	UWMC	D	0.01%
	PLTK	B	0.01%
	TFSL	A	0.01%
	WOLF	F	0.01%
	LOAR	A	0.01%
	CWEN	C	0.01%
	CNA	B	0.01%
	AS	B	0.01%
	CERT	F	0.01%
	PYCR	C	0.01%
	DDS	B	0.01%
	LLYVA	A	0.01%
	UI	A	0.01%
	TXG	F	0.01%
	SNDR	B	0.01%
	REYN	D	0.01%
	TRIP	F	0.01%
	LBRDA	C	0.01%
	LEG	F	0.01%
	DJT	C	0.01%
	GO	C	0.01%
	QS	F	0.01%
	FTRE	D	0.01%
	FWONA	B	0.01%
	UA	C	0.01%
	CLVT	F	0.01%
	BIRK	D	0.01%
	PARAA	B	0.0%
	SEG	B	0.0%
	GRAL	C	0.0%
	UHAL	D	0.0%
	NFE	D	0.0%

IWR Underweight 199 Positions Relative to DFVE

	Symbol	Grade	Weight
	TSLA	B	-0.35%
	UNFI	A	-0.33%
	LUMN	C	-0.31%
	BKNG	A	-0.29%
	YUMC	C	-0.29%
	DASH	A	-0.29%
	ORCL	B	-0.28%
	ATUS	C	-0.28%
	DELL	C	-0.27%
	MS	A	-0.27%
	WFC	A	-0.27%
	CRM	B	-0.27%
	SCHW	B	-0.26%
	SNEX	B	-0.26%
	BECN	B	-0.26%
	NOW	A	-0.26%
	FI	A	-0.26%
	NFLX	A	-0.26%
	DIS	B	-0.26%
	COF	B	-0.26%
	CEG	D	-0.26%
	NVDA	C	-0.25%
	PCAR	B	-0.25%
	CHWY	B	-0.25%
	LULU	C	-0.25%
	INTC	D	-0.25%
	SATS	D	-0.25%
	MAR	B	-0.25%
	JBLU	F	-0.25%
	EMR	A	-0.25%
	HTZ	C	-0.25%
	AXP	A	-0.24%
	TRV	B	-0.24%
	SRE	A	-0.24%
	BLK	C	-0.24%
	CSCO	B	-0.24%
	DE	A	-0.24%
	BAC	A	-0.24%
	T	A	-0.24%
	ABNB	C	-0.24%
	PH	A	-0.24%
	GM	B	-0.24%
	GS	A	-0.24%
	PYPL	B	-0.24%
	BMY	B	-0.24%
	WMT	A	-0.24%
	APD	A	-0.24%
	APH	A	-0.23%
	JPM	A	-0.23%
	CTAS	B	-0.23%
	FLR	B	-0.23%
	CMG	B	-0.23%
	ISRG	A	-0.23%
	GT	C	-0.23%
	BSX	B	-0.23%
	ADP	B	-0.23%
	CAT	B	-0.23%
	IBM	C	-0.23%
	MCK	B	-0.23%
	GNW	A	-0.23%
	V	A	-0.23%
	USB	A	-0.23%
	MET	A	-0.23%
	GPI	A	-0.23%
	C	A	-0.23%
	SANM	B	-0.23%
	GILD	C	-0.23%
	MSI	B	-0.23%
	HD	A	-0.23%
	CMC	B	-0.23%
	PNC	B	-0.23%
	EQIX	A	-0.23%
	MNST	C	-0.23%
	AMZN	C	-0.23%
	PM	B	-0.22%
	UPS	C	-0.22%
	TMHC	B	-0.22%
	SAH	A	-0.22%
	MO	A	-0.22%
	PGR	A	-0.22%
	WM	A	-0.22%
	SHW	A	-0.22%
	NSC	B	-0.22%
	LOW	D	-0.22%
	SYK	C	-0.22%
	MU	D	-0.22%
	MA	C	-0.22%
	CARR	D	-0.22%
	COST	B	-0.22%
	META	D	-0.22%
	SBUX	A	-0.22%
	ABG	B	-0.22%
	ORLY	B	-0.22%
	ITW	B	-0.22%
	TFC	A	-0.22%
	CVX	A	-0.22%
	UFPI	B	-0.22%
	CMCSA	B	-0.22%
	HON	B	-0.22%
	FDX	B	-0.21%
	ABM	B	-0.21%
	SPGI	C	-0.21%
	CVS	D	-0.21%
	DUK	C	-0.21%
	WDAY	B	-0.21%
	BRK.A	B	-0.21%
	INTU	C	-0.21%
	SO	D	-0.21%
	GOOGL	C	-0.21%
	XOM	B	-0.21%
	TJX	A	-0.21%
	PG	A	-0.21%
	D	C	-0.21%
	GE	D	-0.21%
	VZ	C	-0.21%
	EOG	A	-0.21%
	ABT	B	-0.21%
	AVGO	D	-0.21%
	RSG	A	-0.21%
	CSX	B	-0.21%
	PBF	D	-0.2%
	NOC	D	-0.2%
	ZTS	D	-0.2%
	MMM	D	-0.2%
	KMB	D	-0.2%
	COP	C	-0.2%
	ALV	C	-0.2%
	PSX	C	-0.2%
	ECL	D	-0.2%
	AEP	D	-0.2%
	UBER	D	-0.2%
	RTX	C	-0.2%
	VLO	C	-0.2%
	ICE	C	-0.2%
	AIG	B	-0.2%
	FCX	D	-0.2%
	AAPL	C	-0.2%
	STZ	D	-0.2%
	WKC	D	-0.2%
	UNH	C	-0.2%
	MSFT	F	-0.2%
	MCD	D	-0.2%
	MMC	B	-0.2%
	OI	C	-0.2%
	F	C	-0.2%
	ODP	F	-0.19%
	MDLZ	F	-0.19%
	LRCX	F	-0.19%
	CI	F	-0.19%
	AMT	D	-0.19%
	VRTX	F	-0.19%
	PLD	D	-0.19%
	MPC	D	-0.19%
	QCOM	F	-0.19%
	NKE	D	-0.19%
	BDX	F	-0.19%
	ADI	D	-0.19%
	DK	C	-0.19%
	PEP	F	-0.19%
	TXN	C	-0.19%
	JNJ	D	-0.19%
	AZO	C	-0.19%
	GD	F	-0.19%
	AMD	F	-0.19%
	ANDE	D	-0.19%
	UNP	C	-0.19%
	NEE	D	-0.19%
	LMT	D	-0.19%
	BA	F	-0.18%
	SPTN	D	-0.18%
	DHR	F	-0.18%
	KO	D	-0.18%
	AMGN	D	-0.18%
	PFE	D	-0.18%
	CL	D	-0.18%
	KHC	F	-0.18%
	ADBE	C	-0.18%
	KDP	D	-0.18%
	OXY	D	-0.18%
	ABBV	D	-0.18%
	AMAT	F	-0.18%
	TGT	F	-0.17%
	NEM	D	-0.17%
	HCA	F	-0.17%
	AMRK	F	-0.17%
	TMO	F	-0.17%
	MRK	F	-0.17%
	DAN	D	-0.16%
	OMI	F	-0.16%
	EL	F	-0.16%
	LLY	F	-0.16%
	KLAC	D	-0.16%
	PARR	D	-0.16%
	ELV	F	-0.15%
	FL	F	-0.15%
	CYH	F	-0.14%
	NSIT	F	-0.14%
	REGN	F	-0.13%
	QRTEA	F	-0.13%

IWR: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Diversified Industrials Biotechnology Diagnostics & Research Software - Infrastructure Business Services Utilities - Regulated Electric Asset Management Oil & Gas E&P Specialty Retail Packaged Foods Packaging & Containers Information Technology Services Semiconductors Building Materials Capital Markets Insurance - Property & Casualty REIT - Residential Specialty Chemicals

Keywords: S&P 500 Computing Natural Gas Insurance Nasdaq 100 Real Estate Investment Trust Electronics Banking Aerospace Bank Chemical Electricity Telecommunications Mining Medicine Insurance Products Semiconductor Biotechnology Beverage Cloud Computing

DFVE: Top Represented Industries & Keywords

Industries: Specialty Retail Utilities - Regulated Electric Banks - Regional - US Capital Markets Diversified Industrials Drug Manufacturers - Major Information Technology Services Oil & Gas E&P Semiconductors Asset Management Business Services Insurance - Property & Casualty Packaged Foods Aerospace & Defense Auto & Truck Dealerships Credit Services Health Care Plans Insurance - Diversified Oil & Gas Refining & Marketing Packaging & Containers

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Dow Jones Component Electricity Computing Bank Retailing Transport Electronics Insurance Products Chemical Disability Mining Banking Beverage Medicine Petroleum Industry Aerospace